Fi Section L Finance
NIC 2025 MoSPI source

NIC 651207 - Activities of providing agricultural insurance

NIC 651207 classifies activities of providing agricultural insurance as a final six-digit financial service activity under Section L and Division 65. Use it when this activity is the main source of revenue.

Level Sub-class
Depth 5/5
Children 0
Last verified 2026-04-21

Source Verification for 651207

10 / 10

4 of 4 factors passing

How we calculate this score →

NIC 2008 -> NIC 2025 Mapping for 651207

NIC 2008 links are discovery matches from the local converter layer. Verify final migration decisions against official source documents.

NIC 2008 65120 medium

Non-life insurance

Practical Summary

What Activities of providing agricultural insurance Means Under NIC 2025

NIC 651207 is the final six-digit endpoint for Activities of providing agricultural insurance. It should be selected only when the enterprise's primary financial service activity matches this title more closely than 651201 Activities of providing medical and health insurance, 651202 Activities of providing disaster and catastrophe insurance, accident insurance, fire and natural forces damage to property insurance, parametric insurance, travel insurance, agriculture/ crop insurance property and theft insurance., 651203 Activities of providing insurance for motor vehicles,.

How To Choose

When to Choose 651207 Over Nearby Codes

Choose 651207 only when operations, invoices and revenue narrative align with Activities of providing agricultural insurance. If the activity also includes 651201 Activities of providing medical and health insurance, 651202 Activities of providing disaster and catastrophe insurance, accident insurance, fire and natural forces damage to property insurance, parametric insurance, travel insurance, agriculture/ crop insurance property and theft insurance., 651203 Activities of providing insurance for motor vehicles,, compare those pages before filing.

In this section

Common Questions About NIC 651207

Does NIC 651207 cover regulated professional or financial work?

Use the code that matches the service actually provided. Financial intermediation, insurance, real estate, legal, accounting, consulting, engineering, advertising and R&D are separated into different professional service families.

Can an advisory firm use NIC 651207 if it serves another industry?

Usually the firm's own service determines the NIC code, not the client's industry. For example, a consultant serving manufacturers is still a consulting or professional service business if advice is the revenue activity.

How do I verify that NIC 651207 is correct before filing?

Check the parent hierarchy, compare 651201 Activities of providing medical and health insurance, 651202 Activities of providing disaster and catastrophe insurance, accident insurance, fire and natural forces damage to property insurance, parametric insurance, travel insurance, agriculture/ crop insurance property and theft insurance., 651203 Activities of providing insurance for motor vehicles,, and confirm that the official title matches the main revenue activity. For regulated or filing-critical decisions, verify the source row in the MoSPI dataset.

What happens if I use the wrong NIC code in Udyam or MCA registration?

A wrong code can cause mismatched business descriptions, follow-up questions or later compliance cleanup. It is better to compare nearby codes before filing than to correct a weak classification later.

Is there a legacy NIC 2008 equivalent for NIC 651207?

Use the legacy converter only as a migration aid. Old NIC 2008 matches can suggest where to look, but NIC 2025 should remain the primary reference for new code selection.

NIC 2026 guidance

Before you select NIC 651207

NIC 651207 should be selected only when the official title matches the main revenue-generating activity. If the business also trades, transports, processes, installs or supports the same product or service, compare nearby NIC pages before filing. This reduces the risk of choosing a code that describes the product being handled rather than the activity your enterprise actually performs.

Data Source and Verification Date

Source layer

Official NIC 2025 Excel and PDF from MoSPI.

Last verified

2026-04-21 from the generated NIC 2025 source layer used in this build.

Disclaimer

This is an independent reference tool. Verify filing-critical decisions in official sources.